Oireachtas Joint and Select Committees

Thursday, 9 March 2017

Select Committee on Jobs, Enterprise and Innovation

Knowledge Development Box (Certification of Inventions) Bill 2016: Committee Stage

2:00 pm

Photo of John HalliganJohn Halligan (Waterford, Independent) | Oireachtas source

I remind the Deputy the OECD set out the guidelines in the first place and the certificate is in line with what was set out by the OECD. The KDB certificate will allow SMEs to exploit their intellectual property, IP, assets without incurring the costs associated with obtaining a patent in the first place. That is a big asset for SMEs.

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